From Axios:
President-elect Trump will nominate Scott Bessent, a financier focused on global macroeconomics, as his Treasury secretary, which would make him the incoming administration’s top economic official.
Why it matters: Bessent would bring to Treasury deep knowledge of bond and currency markets and a close relationship with Trump — as well as a surprising connection to hedge fund manager George Soros, mega-donor to liberal causes and bogeyman to the political right.